A University Strategy is the overarching strategic plan for the institution where decisions and choices are made with regard to the overall growth and direction of the University.
This University strategy template can be useful for Universities (private or public) that are seeking to strengthen their strategic clarity and focus on the execution of the strategic priorities in order to lead in the Higher Education industry.
A University strategy template is important to implement for any such institution as it helps shape and create the culture that the company is working towards, ensure it's advancing in the right direction by executing the strategic priorities. Having such a strategy in place determines the current strengths of the institution and how they can mitigate risks.
Focus areas can be viewed as the foundation pillars in working towards your strategy. They are useful in expanding your vision statement and actually creating some structure to work towards achieving your goals. To clearly come up with higher education focus areas it is important to understand the core values of your organization and the culture you are trying to create.
For example, in a University, focus areas could be Student experience, Financial, Brand Awareness, and Career Path. These focus areas will usually revolve around what the organization is trying to achieve and why they believe it to be an important area to prioritize.
A strategic objective usually has to be specific and measurable. They are performance goals that are set to increase productivity and reflect some form of big picture direction for your organization.
An example objective that could fall under the focus area of Student experience: Build a plan to help students graduate and avoid dropout.
A KPI is a key performance indicator that is measurable and evaluates the success rate of an organization in relation to the task at hand.
A few examples of some KPIs you'll find in this template:
With regards to achieving said KPIs, it is important to have a few projects which can assist your organization in actually reaching the target.University Strategy project examples:
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